Finance Optimization Specialist

1 week ago


visakhapatnam, India beBeeFinancial Full time

Oracle Financial Consultant Role Overview: We are seeking an experienced Oracle Functional Finance Consultant to lead and support financial process optimization, system configuration, and end-user enablement. The ideal candidate will have expertise across core finance modules (General Ledger, Accounts Payable, Accounts Receivable, Fixed Assets, Cash Management, Credit Management, and Tax) for all Order-to-Cash, Receive-to-Resend, and Pay-to-Pay business processes with a solid understanding of accounting principles.Key Responsibilities:1. Collaborate with stakeholders to gather and analyze finance process requirements2. Configure and maintain Oracle Financial modules including General Ledger, Accounts Payable, Accounts Receivable, Fixed Assets, Cash Management, Credit Management, and Tax3. Map business processes for Purchase-to-Pay, Order-to-Cash, and Receive-to-Resend cycles to Oracle functionalities4. Develop functional specification documents, BRDs, and configuration workbooks5. Lead data conversions, mappings, FUT, and own all finance-related objects for opening balances, AP/AR transactions, assets6. Coordinate with technical teams on integrations (OIC, BI Publisher, OTBI, Smart View)7. Conduct system testing (SIT) and support User Acceptance Testing (UAT)8. Troubleshoot and resolve functional issues; manage Oracle SRs for defect resolution9. Provide end-user training and create process documentation10. Support month-end, quarter-end, and year-end financial close activities11. Develop and execute test plans to ensure quality deliverables12. Decent understanding of Revenue Accounting principles ASC 606 and ASC 842



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